Litecoin is nearing the end of it falling wedge for it's BTC pairing. The measured move of this pattern is massive with a 93-105% return. The Target of the move for this wedge is confluent with the 0.786 fib retracement and it's showing some extreme amounts of divergence on a critical historical support level on both the MACD and RSI. Look for a potential...
Everyone reading this is probably aware of the insane amount of gains made on BTC over the past couple weeks; I made an idea explaining what i think is going on with BTC right here if need be refer to that idea to understand what i'm saying about LTC, without further rambling lets go. So LTC has about tripled over the past weeks along with bitcoin's unexpected...
So recently BTC has had a hug run up tackling any and all resistance points that we could have thrown at it at first it looked like a typical BARR pattern and that we would come to revisit our lead in trend line but that's been shown not to happen after we saw price test the bump line and continue to hit it's previous recent high around $7500 Barr patterns...
I decided to attempt to chart this i know it's prolly missing alot but i just wanted to try :p I'd love to hear your input on this? Are we headed up?
So this is just a followup to my previous chart on rather or not RDD would Rise or fall. We tried to test resistance and failed. It didn't didn't help that the whole market was crashing at the same moment. Now we are going down but we aren't out RDD will recover as the market recovers. Until then i'd suggest loading up on some more RDD. I will give you some tips...